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Saturn done in four months

General Motors Co. has halted production of Saturn cars and crossovers and plans to sell the thousands of Saturn vehicles it has in stock within the next four months. Many of the vehicles were built to supply to Penske Automotive Group Inc.

General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Electric Kia Soul planned for 2014

Kia has revealed that they will offer a battery electric version of the next generation Kia Soul when it arrives in 2014. Hyundai may have seen the light and decided the future for cars lies with hydrogen fuel cell cars and not battery electric cars, but sister company Kia thinks differently. It seems an odd polarity for the Korean siblings to take different routes to the future of powertrains for cars, but perhaps it’s just a case of hedging bets rather than an inability by Kia to see how impractical the BEV is as a replacement for a normal ICE car?